Profit and Loss Practice Test 5

Question : 26 of 40

Marks: +1, -0

Some toffees are bought at the rate of 11 forRs 10 and the same number at the rate of 9 forRs 10. If the whole lot is sold at one rupee per toffee, find the gain or loss %.

Gain 2%
Loss 2%
No gain no loss
Gain 1%

Validate

Solution:

\table \Quantity ,\CP ,\SP;11 ,10, 11;9 ,10 ,9;,20 ,20

Total CP and SP are the same.
So, there is no loss or no gain.

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